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Release Date: October 13, 2016
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FEDERAL RESERVE statistical release

H.4.1

Factors Affecting Reserve Balances of Depository Institutions and     
Condition Statement of Federal Reserve Banks                                                 October 13, 2016


1. Factors Affecting Reserve Balances of Depository Institutions
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 12, 2016 
Federal Reserve Banks                                     Oct 12, 2016  Oct 5, 2016 Oct 14, 2015              

Reserve Bank credit                                         4,417,421   -      898   -   33,968    4,418,003  
  Securities held outright (1)                              4,220,858   +       27   -   19,547    4,220,866  
    U.S. Treasury securities                                2,463,489   +       27   +    1,604    2,463,497  
      Bills (2)                                                     0            0            0            0  
      Notes and bonds, nominal (2)                          2,340,976   -       96   -    5,663    2,340,976  
      Notes and bonds, inflation-indexed (2)                  105,224   +       96   +    6,690      105,224  
      Inflation compensation (3)                               17,289   +       28   +      578       17,297  
    Federal agency debt securities (2)                         20,492            0   -   14,601       20,492  
    Mortgage-backed securities (4)                          1,736,877            0   -    6,550    1,736,877  
  Unamortized premiums on securities held outright (5)        176,523   -      388   -   16,645      176,434  
  Unamortized discounts on securities held outright (5)       -15,426   +       37   +    1,538      -15,417  
  Repurchase agreements (6)                                         0            0            0            0  
  Loans                                                           170   -       25   -       44          150  
    Primary credit                                                  6            0   -        4           10  
    Secondary credit                                                0            0            0            0  
    Seasonal credit                                               165   -       24   -       38          141  
    Other credit extensions                                         0            0            0            0  
  Net portfolio holdings of Maiden Lane LLC (7)                 1,708            0   +        5        1,709  
  Float                                                          -353   +      328   -      464         -479  
  Central bank liquidity swaps (8)                              3,220   -    3,783   +    3,075        3,220  
  Other Federal Reserve assets (9)                             30,721   +    2,904   -    1,886       31,521  
Foreign currency denominated assets (10)                       21,165   -      312   +      962       20,974  
Gold stock                                                     11,041            0            0       11,041  
Special drawing rights certificate account                      5,200            0            0        5,200  
Treasury currency outstanding (11)                             48,239   +       14   +      861       48,239  
                                                                                                              
Total factors supplying reserve funds                       4,503,066   -    1,197   -   32,145    4,503,457  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





1. Factors Affecting Reserve Balances of Depository Institutions (continued)
Millions of dollars
Reserve Bank credit, related items, and                          Averages of daily figures         Wednesday  
reserve balances of depository institutions at             Week ended    Change from week ended  Oct 12, 2016 
Federal Reserve Banks                                     Oct 12, 2016  Oct 5, 2016 Oct 14, 2015              

Currency in circulation (11)                                 1,478,150   +    6,570   +   85,464    1,478,837 
Reverse repurchase agreements (12)                             449,450   -  143,741   +  170,284      423,100 
  Foreign official and international accounts                  230,579   -   14,853   +   59,202      234,429 
  Others                                                       218,871   -  128,888   +  111,082      188,671 
Treasury cash holdings                                             156   +       13   -       66          172 
Deposits with F.R. Banks, other than reserve balances          397,766   +    5,115   +  299,124      392,390 
  Term deposits held by depository institutions                      0            0            0            0 
  U.S. Treasury, General Account                               356,185   +    8,425   +  289,746      342,875 
  Foreign official                                               5,172   +        3   -      149        5,165 
  Other (13)                                                    36,408   -    3,314   +    9,526       44,350 
Other liabilities and capital (14)                              47,778   +    1,014   -   19,536       46,873 
                                                                                                              
Total factors, other than reserve balances,               
    absorbing reserve funds                                  2,373,300   -  131,028   +  535,269    2,341,371 
                                                                                                              
Reserve balances with Federal Reserve Banks                  2,129,766   +  129,831   -  567,414    2,162,086 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements.                                                                               
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable. Also, includes Reserve Bank premises and equipment net of allowances for       
    depreciation.                                                                                       
10. Revalued daily at current foreign currency exchange rates.                                              
11. Estimated.                                                                                              
12. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
13. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
14. Includes the liability for earnings remittances due to the U.S. Treasury.                               
                                                                                                            



Sources: Federal Reserve Banks and the U.S. Department of the Treasury.





1A. Memorandum Items
Millions of dollars
Memorandum item                                                  Averages of daily figures         Wednesday  
                                                           Week ended    Change from week ended  Oct 12, 2016 
                                                          Oct 12, 2016  Oct 5, 2016 Oct 14, 2015              

Securities held in custody for foreign official and       
     international accounts                                  3,146,132   -    6,330   -  168,311    3,126,436 
  Marketable U.S. Treasury securities (1)                    2,824,870   -    7,098   -  162,933    2,804,995 
  Federal agency debt and mortgage-backed securities (2)       261,247   +      490   -   19,643      261,274 
  Other securities (3)                                          60,015   +      278   +   14,264       60,167 
Securities lent to dealers                                      27,036   +      371   +   14,099       24,001 
  Overnight facility (4)                                        27,036   +      371   +   14,099       24,001 
    U.S. Treasury securities                                    26,994   +      363   +   14,104       23,967 
    Federal agency debt securities                                  42   +        8   -        5           34 

Note: Components may not sum to totals because of rounding.


1.  Includes securities and U.S. Treasury STRIPS at face value, and inflation compensation on TIPS.         
    Does not include securities pledged as collateral to foreign official and international account holders
    against reverse repurchase agreements with the Federal Reserve presented in tables 1, 5, and 6.     
2.  Face value of federal agency securities and current face value of mortgage-backed securities, which     
    is the remaining principal balance of the securities.                                               
3.  Includes non-marketable U.S. Treasury securities, supranationals, corporate bonds, asset-backed         
    securities, and commercial paper at face value.                                                     
4.  Face value. Fully collateralized by U.S. Treasury securities.                                           






2. Maturity Distribution of Securities, Loans, and Selected Other Assets and Liabilities, October 12, 2016    

Millions of dollars
Remaining Maturity                     Within 15     16 days to    91 days to   Over 1 year   Over 5 year     Over 10         All      
                                          days        90 days        1 year      to 5 years   to 10 years      years                   

Loans                                           28           123             0             0             0           ...           150 
U.S. Treasury securities (1)                                                                                                           
  Holdings                                       0        42,341       149,984     1,202,716       433,457       634,999     2,463,497 
  Weekly changes                                 0             0    +        1    +        4    +        4    +       15    +       24 
Federal agency debt securities (2)                                                                                                     
  Holdings                                   1,999         2,313         9,423         4,410             0         2,347        20,492 
  Weekly changes                                 0             0             0             0             0             0             0 
Mortgage-backed securities (3)                                                                                                         
  Holdings                                       0             0             0         1,597        11,292     1,723,988     1,736,877 
  Weekly changes                                 0             0             0             0             0             0             0 
Repurchase agreements (4)                        0             0           ...           ...           ...           ...             0 
Central bank liquidity swaps (5)             3,220             0             0             0             0             0         3,220 
                                                                                                                                       
Reverse repurchase agreements (4)          423,100             0           ...           ...           ...           ...       423,100 
Term deposits                                    0             0             0           ...           ...           ...             0 

Note: Components may not sum to totals because of rounding.
...Not applicable.


1.  Face value. For inflation-indexed securities, includes the original face value and compensation         
    that adjusts for the effect of inflation on the original face value of such securities.             
2.  Face value.                                                                                             
3.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
4.  Cash value of agreements.                                                                               
5.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
                                                                                                            






3. Supplemental Information on Mortgage-Backed Securities
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 12, 2016  

Mortgage-backed securities held outright (1)                                                                             1,736,877  
                                                                                                                                    
Commitments to buy mortgage-backed securities (2)                                                                           53,927  
Commitments to sell mortgage-backed securities (2)                                                                              20  
                                                                                                                                    
Cash and cash equivalents (3)                                                                                                    1  



1.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
2.  Current face value. Generally settle within 180 days and include commitments associated with            
    outright transactions, dollar rolls, and coupon swaps.                                              
3.  This amount is included in other Federal Reserve assets in table 1 and in other assets in table 5       
    and table 6.                                                                                        




4. Information on Principal Accounts of Maiden Lane LLC
Millions of dollars
Account name                                                                                                            Wednesday   
                                                                                                                      Oct 12, 2016  

Net portfolio holdings of Maiden Lane LLC (1)                                                                                1,709  
                                                                                                                                    
Outstanding principal amount of loan extended by the Federal Reserve Bank of New York (2)                                        0  
Accrued interest payable to the Federal Reserve Bank of New York (2)                                                             0  
Outstanding principal amount and accrued interest on loan payable to JPMorgan Chase & Co. (3)                                    0  



1.  Fair value. Fair value reflects an estimate of the price that would be received upon selling an         
    asset if the transaction were to be conducted in an orderly market on the measurement date. Revalued
    quarterly. This table reflects valuations as of June 30, 2016. Any assets purchased after this valuation
    date are initially recorded at cost until their estimated fair value as of the purchase date becomes
    available.                                                                                          
2.  Book value. This amount was eliminated when preparing the Federal Reserve Bank of New York's            
    statement of condition consistent with consolidation under generally accepted accounting principles. Refer
    to the note on consolidation accompanying table 6.                                                  
3.  Book value. The fair value of these obligations is included in other liabilities and capital in         
    table 1 and in other liabilities and accrued dividends in table 5 and table 6.                      


Note: On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended credit to Maiden Lane LLC
under the authority of section 13(3) of the Federal Reserve Act. This limited liability company was formed to
acquire certain assets of Bear Stearns and to manage those assets through time to maximize repayment of the credit
extended and to minimize disruption to financial markets. The remaining outstanding balances of the senior
loan from FRBNY to Maiden Lane LLC, and the subordinated loan from JPMorgan Chase & Co. to Maiden Lane LLC were
repaid in full, with interest.

                                                                          






5. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 12, 2016   Wednesday    Wednesday  
                                                        consolidation                 Oct 5, 2016 Oct 14, 2015 

Assets                                                                                                         
  Gold certificate account                                                   11,037            0            0  
  Special drawing rights certificate account                                  5,200            0            0  
  Coin                                                                        1,901   -       21   +        2  
  Securities, unamortized premiums and discounts,     
     repurchase agreements, and loans                                     4,382,033   -      275   -   48,193  
    Securities held outright (1)                                          4,220,866   +       24   -   32,589  
      U.S. Treasury securities                                            2,463,497   +       24   +    1,623  
        Bills (2)                                                                 0            0            0  
        Notes and bonds, nominal (2)                                      2,340,976            0   -    5,663  
        Notes and bonds, inflation-indexed (2)                              105,224            0   +    6,690  
        Inflation compensation (3)                                           17,297   +       24   +      597  
      Federal agency debt securities (2)                                     20,492            0   -   14,601  
      Mortgage-backed securities (4)                                      1,736,877            0   -   19,611  
    Unamortized premiums on securities held outright  
    (5)                                                                     176,434   -      307   -   17,070  
    Unamortized discounts on securities held outright 
    (5)                                                                     -15,417   +       31   +    1,536  
    Repurchase agreements (6)                                                     0            0            0  
    Loans                                                                       150   -       23   -       70  
  Net portfolio holdings of Maiden Lane LLC (7)                               1,709   +        1   +        4  
  Items in process of collection                                   (0)          104   +       43   -      585  
  Bank premises                                                               2,201            0   -       33  
  Central bank liquidity swaps (8)                                            3,220   -    3,783   +    3,075  
  Foreign currency denominated assets (9)                                    20,974   -      281   +      642  
  Other assets (10)                                                          29,320   +    2,607   -    1,918  
                                                                                                               
Total assets                                                       (0)    4,457,698   -    1,709   -   47,006  

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





5. Consolidated Statement of Condition of All Federal Reserve Banks (continued)
Millions of dollars
Assets, liabilities, and capital                         Eliminations     Wednesday         Change since       
                                                             from       Oct 12, 2016   Wednesday    Wednesday  
                                                        consolidation                 Oct 5, 2016 Oct 14, 2015 

Liabilities                                                                                                    
  Federal Reserve notes, net of F.R. Bank holdings                         1,432,666   +    3,650   +   84,916 
  Reverse repurchase agreements (11)                                         423,100   -  113,488   +  160,654 
  Deposits                                                          (0)    2,554,476   +  107,719   -  271,759 
    Term deposits held by depository institutions                                  0            0            0 
    Other deposits held by depository institutions                         2,162,086   +   98,703   -  557,895 
    U.S. Treasury, General Account                                           342,875   +      667   +  285,335 
    Foreign official                                                           5,165            0   -      133 
    Other (12)                                                      (0)       44,350   +    8,349   +      934 
  Deferred availability cash items                                  (0)          583   +       22   +       59 
  Other liabilities and accrued dividends (13)                                 6,698   +      388   -    2,468 
                                                                                                               
Total liabilities                                                   (0)    4,417,522   -    1,709   -   28,599 
                                                                                                               
Capital accounts                                                                                               
  Capital paid in                                                             30,176            0   +      885 
  Surplus                                                                     10,000            0   -   19,291 
  Other capital accounts                                                           0            0            0 
                                                                                                               
Total capital                                                                 40,176            0   -   18,407 

Note: Components may not sum to totals because of rounding.


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 
2.  Face value of the securities.                                                                           
3.  Compensation that adjusts for the effect of inflation on the original face value of                     
    inflation-indexed securities.                                                                       
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the              
    remaining principal balance of the securities.                                                      
5.  Reflects the premium or discount, which is the difference between the purchase price and the face       
    value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt      
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an
    effective-interest basis.                                                                           
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.      
7.  Refer to table 4 and the note on consolidation accompanying table 6.                                    
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used     
    when the foreign currency is returned to the foreign central bank. This exchange rate equals the    
    market exchange rate used when the foreign currency was acquired from the foreign central bank.     
9.  Revalued daily at current foreign currency exchange rates.                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other        
    accounts receivable.                                                                                
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt     
    securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations,            
    government-sponsored enterprises, and designated financial market utilities. Also includes certain deposit
    accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as
    fiscal agents of the United States.                                                                 
13. Includes the liability for earnings remittances due to the U.S. Treasury.                               

 



6. Statement of Condition of Each Federal Reserve Bank, October 12, 2016
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia  Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                         City                 Francisco  

Assets                                                                                                                                                                                                   
  Gold certificate account                        11,037         355       3,588          359         586         760       1,541         753         360         193         296         875       1,371
  Special drawing rights certificate acct.         5,200         196       1,818          210         237         412         654         424         150          90         153         282         574
  Coin                                             1,901          46          74          159         134         300         185         279          31          54         129         192         317
  Securities, unamortized premiums and      
     discounts, repurchase agreements,      
     and loans                                 4,382,033     107,642   2,493,585      118,978     131,230     267,793     245,254     174,607      55,343      32,371      61,002     155,984     538,244
    Securities held outright (1)               4,220,866     103,687   2,401,956      114,606     126,408     257,953     236,238     168,180      53,271      31,119      58,743     150,241     518,465
      U.S. Treasury securities                 2,463,497      60,516   1,401,895       66,889      73,778     150,553     137,880      98,158      31,091      18,162      34,285      87,688     302,601
        Bills (2)                                      0           0           0            0           0           0           0           0           0           0           0           0           0
        Notes and bonds (3)                    2,463,497      60,516   1,401,895       66,889      73,778     150,553     137,880      98,158      31,091      18,162      34,285      87,688     302,601
      Federal agency debt securities (2)          20,492         503      11,661          556         614       1,252       1,147         817         259         151         285         729       2,517
      Mortgage-backed securities (4)           1,736,877      42,667     988,400       47,160      52,017     106,147      97,212      69,206      21,921      12,805      24,173      61,824     213,347
    Unamortized premiums on securities held 
      outright (5)                               176,434       4,334     100,403        4,791       5,284      10,783       9,875       7,030       2,227       1,301       2,455       6,280      21,672
    Unamortized discounts on securities     
      held outright (5)                          -15,417        -379      -8,773         -419        -462        -942        -863        -614        -195        -114        -215        -549      -1,894
    Repurchase agreements (6)                          0           0           0            0           0           0           0           0           0           0           0           0           0
    Loans                                            150           0           0            0           0           0           4          11          41          66          18          12           0
  Net portfolio holdings of Maiden                                                                                                                                                                       
     Lane LLC (7)                                  1,709           0       1,709            0           0           0           0           0           0           0           0           0           0
  Items in process of collection                     104           0           0            0           0           0         103           0           0           1           0           0           0
  Bank premises                                    2,201         118         429           72         105         205         207         201         114          90         240         224         196
  Central bank liquidity swaps (8)                 3,220         142       1,062          177         245         718         179          86          33          14          32          41         490
  Foreign currency denominated                                                                                                                                                                           
     assets (9)                                   20,974         927       6,922        1,154       1,597       4,677       1,164         562         215          90         209         266       3,190
  Other assets (10)                               29,320         755      16,231          800         883       1,958       1,661       1,185         448         240         462       1,084       3,614
  Interdistrict settlement account                     0  -   18,746  -   26,313   -   11,059  -    2,259  -   15,552  +   13,676  -      410  +    5,654  +    2,015  +      215  +   23,475  +   29,304
                                                                                                                                                                                                         
Total assets                                   4,457,698      91,435   2,499,105      110,849     132,759     261,272     264,624     177,686      62,349      35,158      62,738     182,422     577,301

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 12, 2016 (continued)
Millions of dollars
Assets, liabilities, and capital               Total       Boston     New York  Philadelphia Cleveland    Richmond    Atlanta     Chicago    St. Louis  Minneapolis    Kansas      Dallas       San     
                                                                                                                                                                        City                 Francisco  

Liabilities                                                                                                                                                                                             
  Federal Reserve notes outstanding            1,616,393      50,071     525,287      51,217      80,843     113,903     224,135     108,277      49,792      28,055      41,850     133,865     209,098
    Less: Notes held by F.R. Banks               183,727       6,240      50,371       6,747       9,835      13,861      27,731      12,517       5,379       3,136       5,864      15,535      26,512
      Federal Reserve notes, net               1,432,666      43,831     474,917      44,471      71,007     100,043     196,404      95,760      44,413      24,919      35,985     118,330     182,587
  Reverse repurchase agreements (11)             423,100      10,394     240,772      11,488      12,671      25,857      23,681      16,858       5,340       3,119       5,888      15,060      51,971
  Deposits                                     2,554,476      35,266   1,767,022      52,487      45,658     125,992      41,720      63,240      11,996       6,390      20,318      48,234     336,152
    Term deposits held by depository        
        institutions                                   0           0           0           0           0           0           0           0           0           0           0           0           0
    Other deposits held by depository       
        institutions                           2,162,086      35,262   1,382,013      52,485      45,655     125,662      41,710      56,234      11,982       6,389      20,316      48,233     336,143
    U.S. Treasury, General Account               342,875           0     342,875           0           0           0           0           0           0           0           0           0           0
    Foreign official                               5,165           2       5,138           2           3           9           2           1           0           0           0           1           6
    Other (12)                                    44,350           2      36,997           0           0         321           8       7,005          13           0           1           0           3
  Deferred availability cash items                   583           0           0           0           0           0         175           0           0         408           0           0           0
  Earnings remittances due to the U.S.      
     Treasury (13)                                 1,679          33       1,051          35          36          48          94          72          20          12          27          64         187
  Other liabilities and accrued             
     dividends                                     5,018         163       2,304         197         204         520         332         259         145         142         129         219         406
                                                                                                                                                                                                        
Total liabilities                              4,417,522      89,686   2,486,066     108,678     129,577     252,461     262,406     176,190      61,913      34,989      62,348     181,908     571,302
                                                                                                                                                                                                        
Capital                                                                                                                                                                                                 
  Capital paid in                                 30,176       1,307       9,741       1,621       2,420       6,581       1,663       1,227         333         127         291         388       4,477
  Surplus                                         10,000         442       3,299         550         762       2,230         555         268         103          43         100         127       1,521
  Other capital                                        0           0           0           0           0           0           0           0           0           0           0           0           0
                                                                                                                                                                                                        
Total liabilities and capital                  4,457,698      91,435   2,499,105     110,849     132,759     261,272     264,624     177,686      62,349      35,158      62,738     182,422     577,301

Note: Components may not sum to totals because of rounding. Footnotes appear at the end of the table.





6. Statement of Condition of Each Federal Reserve Bank, October 12, 2016 (continued)


1.  Includes securities lent to dealers under the overnight securities lending facility; refer to table 1A.                                                                                                 
2.  Face value of the securities.                                                                                                                                                                           
3.  Includes the original face value of inflation-indexed securities and compensation that adjusts for the effect of inflation on the original face value of such securities.                               
4.  Guaranteed by Fannie Mae, Freddie Mac, and Ginnie Mae. The current face value shown is the remaining principal balance of the securities.                                                               
5.  Reflects the premium or discount, which is the difference between the purchase price and the face value of the securities that has not been amortized. For U.S. Treasury and Federal agency debt        
    securities, amortization is on a straight-line basis. For mortgage-backed securities, amortization is on an effective-interest basis.                                                               
6.  Cash value of agreements, which are collateralized by U.S. Treasury and federal agency securities.                                                                                                      
7.  Refer to table 4 and the note on consolidation below.                                                                                                                                                   
8.  Dollar value of foreign currency held under these agreements valued at the exchange rate to be used when the foreign currency is returned to the foreign central bank. This exchange rate equals        
    the market exchange rate used when the foreign currency was acquired from the foreign central bank.                                                                                                 
9.  Revalued daily at current foreign currency exchange rates.                                                                                                                                              
10. Includes accrued interest, which represents the daily accumulation of interest earned, and other accounts receivable.                                                                                   
11. Cash value of agreements, which are collateralized by U.S. Treasury securities, federal agency debt securities, and mortgage-backed securities.                                                         
12. Includes deposits held at the Reserve Banks by international and multilateral organizations, government-sponsored enterprises, and designated financial market utilities. Also includes certain         
    deposit accounts other than the U.S. Treasury, General Account, for services provided by the Reserve Banks as fiscal agents of the United States.                                                   
13. Represents the estimated weekly remittances due to U.S. Treasury. The amounts on this line represent the residual net earnings that the Federal Reserve Banks remit to the U.S. Treasury after          
    providing for the costs of operations, payment of dividends, and the amount necessary to maintain a $10 billion surplus.                                                                            
                                                                                                                                                                                                            


Note on consolidation:


On June 26, 2008, the Federal Reserve Bank of New York (FRBNY) extended a loan to Maiden Lane LLC (ML) under the authority of section 13(3) of the Federal Reserve Act. ML was formed to
acquire certain assets of Bear Stearns. On June 14, 2012, the remaining outstanding balance of the senior loan from FRBNY to ML was repaid in full, with interest. On November 15, 2012, the
remaining outstanding balance of the subordinated loan from JPMorgan Chase & Co. to ML was repaid in full, with interest. FRBNY was the primary beneficiary of ML because it received any residual
returns and could have absorbed any residual losses should they have occurred. Consistent with generally accepted accounting principles, the assets and liabilities of ML were consolidated with the
assets and liabilities of FRBNY in the preparation of the statements of condition shown on this release. As a consequence of the consolidation, the extension of credit from FRBNY to ML was
eliminated, the net assets of ML appeared as assets on the previous page (and in table 1 and table 5), and the liabilities of ML to entities other than FRBNY, including those with recourse only
to the ML portfolio holdings, were included in other liabilities in this table (and table 1 and table 5).

                                                                                 



7. Collateral Held against Federal Reserve Notes: Federal Reserve Agents' Accounts
Millions of dollars
Federal Reserve notes and collateral                                                        Wednesday   
                                                                                          Oct 12, 2016  

Federal Reserve notes outstanding                                                            1,616,393  
  Less: Notes held by F.R. Banks not subject to collateralization                              183,727  
    Federal Reserve notes to be collateralized                                               1,432,666  
Collateral held against Federal Reserve notes                                                1,432,666  
  Gold certificate account                                                                      11,037  
  Special drawing rights certificate account                                                     5,200  
  U.S. Treasury, agency debt, and mortgage-backed securities pledged (1,2)                   1,416,429  
  Other assets pledged                                                                               0  
Memo:                                                                                                   
Total U.S. Treasury, agency debt, and mortgage-backed securities (1,2)                       4,220,866  
  Less: Face value of securities under reverse repurchase agreements                           396,326  
    U.S. Treasury, agency debt, and mortgage-backed securities eligible to be pledged        3,824,540  

Note: Components may not sum to totals because of rounding.


1.  Includes face value of U.S. Treasury, agency debt, and mortgage-backed securities held outright,        
    compensation to adjust for the effect of inflation on the original face value of inflation-indexed  
    securities, and cash value of repurchase agreements.                                                
2.  Includes securities lent to dealers under the overnight securities lending facility; refer to table     
    1A.                                                                                                 



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